Dollar escalated thus having ended the week higher versus its other counterparts, despite that the expectations for the FED increasing rates for summer diminished.
U.S. dollar index trades 0.56% higher
The U.S. dollar index ended the week with 0.56% gains, having traded 0.65% upper on Friday.
The USD/JPY pair traded 0.42% higher for the week, dropping 0.10% on Friday, while the EUR/USD made weekly losses of 1.02%, being 0.57% lower at 1.1251 on Friday.
The GBP/USD ended the week 1.8% weaker while falling to 1.4258 on Friday.
The Australian dollar and the U.S. dollar traded at 0.7372 whereas the NZD/USD reached the 0.7059 zone, trading 0.65% lower. The USD/CAD traded at 1.2785, gaining 0.50%.
This week, the traders and the investors will be paying attention to the U.S., U.K, Switzerland, and Japan's monetary policy releases.
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